Latest News

Ichimoku Cloud Analysis 24.12.2021 EURUSD, USDJPY, EURGBP

EURUSD, Euro vs US DollarEURUSD is trading at 1.1329; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds upside border at 1.1310 and then resume moving upwards to reach 1.1400. Another signal in favour of a further uptrend will be a rebound from the rising channels downside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 1.1285. In this case, the pair may continue falling towards 1.1195. To confirm further growth, the asset must break the resistance level and fix above 1.1350. This movement may lead to the start of the Triangle pattern materialization.USDJPY, US Dollar vs Japanese YenUSDJPY is trading at 114.38; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the clouds upside border at 114.25 and then resume moving upwards to reach 115.15. Another signal in favour of a further uptrend will be a rebound from the rising channels downside border. However, the bullish scenario may no longer be valid if the price breaks the clouds downside border and fixes below 113.75. In this case, the pair may continue falling towards 111.95. To confirm further growth, the asset must break the rising channels upside border and fix above 114.65.EURGBP, Euro vs Great Britain PoundEURGBP is trading at 0.8453; the instrument is moving…

You may also like

Leave a reply

Your email address will not be published.

More in Latest News